CERTIFIED BUSINESS DEVELOPMENT EXPERT (CBDE)
Transcript of CERTIFIED BUSINESS DEVELOPMENT EXPERT (CBDE)
CERTIFIED BUSINESS DEVELOPMENT EXPERT (CBDE)
STUDY GUIDE
Sponsored by:
TABLE OF CONTENTS:
Please use this guide to assist in preparation for the Certified Business Development Expert (CBDE)
Certification examination.
✓ An Overview of Accredited Certification Institute
✓ Certified Business Development Expert Details and Timeline
✓ Required Readings
✓ Audio Interviews
✓ Certified Business Development Expert Exam Preparation
• Exam Composition
• Terms and Concepts to know
• Chapter Questions
✓ Sample Questions
✓ Frequently Asked Questions (FAQ)
✓ Sample Question Answers
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I. Accredited Certification:
Accredited Certification Institute is the leading online program for specialized niche business
certification programs. The team behind Accredited Certification Institute is comprised of industry
experts in niches including business analysis, project management, public relations, consulting, and
many more.
This experience, combined with our advisory board’s expertise in online education and training, is
what makes it possible to provide the training and certification programs found on our website.
Accredited Training Institute is a global training and certification organization that has provided
practical industry-specific certification to over 20,000 clients from the United States, Europe, and
more than 75 other countries around the world.
We provide high value training programs that provide function knowledge on very specific business
topics such as public relations, online marketing, project management, international business, and
consulting.
Accredited Certification Institute’s Mission: To provide professionals with high impact
business training and certifications in niche subject areas that are functional and immediately
beneficial.
Accredited Certification Institute helps you to:
• Quickly gain specialized knowledge in highly valuable business niches.
• Enhance your credibility, resume, and overall value in the marketplace.
• Complete our training programs with 75-100 of study time from anywhere in the world.
Our programs accept participants year-round and are flexible to work with your current work
schedule and academic constraints. You can complete one of our programs in 2 months or 2 years;
the choice is yours.
MASTER’S CERTIFICATE PROGRAMS: Accredited Certification Institute is proud to offer several
advanced Master’s Certificates that require the completion of five programs from Accredited
Certification Institute platform.
To learn more about these Master’s Certificates and how to earn one, please see our website:
Certification.com/Masters-Certificate/
II. CBDE DETAILS AND TIMELINE:
PROGRAM DETAILS:
The Certified Business Development Expert (CBDE) certification program is unique in that it is
modeled after many online courses offered at Ivy League institutions today, offering more value for
a more cost-effective program. The CBDE Program is a self-study program that includes
educational multimedia resources in video form, a study guide, required readings, and a flexible
online examination process, accessible around the world.
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The online exam is structured so that in order to complete the exam within the 2-hour time frame
one must read through all of the assigned materials and conceptually understand the majority of the
material to score well enough to pass the exam.
Our goal is to offer the most challenging program in the industry while also providing all of the
learning tools possible to ensure participants get the most out of the experience. By testing the
knowledge depth and comprehension from the materials digested, the CBDE certification prepares
individuals for successful, real-world application.
The Certified Business Development Expert (CBDE) program is sponsored and offered by the
Business Training Institute. This certification program is designed to show and certify that you have
gained an in-depth understanding and high-level, specialized knowledge.
In addition to the benefits of gained knowledge, growing industry recognition, more knowledgeable
career choices, and networking, our organization is also developing additional resources for CBDE
Participants. This includes video and MP3 recordings on Q&A or strategies and tactics, webinars,
access to interviews with internet marketing professionals who have more than 10 years of
experience in the industry, among many more benefits.
TIMELINE & EXAMINATION DATES:
Programs are offered through open enrollment, making our programs 100% flexible with your current work or academic schedule.
Accredited Certification Institute exams are administered 100% online.
III. REQUIRED READINGS:
1. Marketing Gurus by Chris Murray. ISBN-13: 978-1591841050
2. All Marketers Are Liars by Seth Godin. ISBN-13: 978-1591841005
3. The Marketer’s Bible by Richard Wilson. ISBN-13: 978-1460945780 (Can be
found on Amazon here.)
BENEFITS OF THE CBDE:
• Complete our program in as little as a month.
• Gain valuable insight into business development models, best practices, and processes that you
can implement now without the need of a costly seminar or conference
• Add the Certified Business Development Expert (CBDE) Designation to your resume and
business cards, assuring employers that you are dedicated to working in the industry,
passionate about learning more about and able to work more efficiently after being promoted
or hired.
• Speak the business language - Earning the Certified Business Development Expert (CBDE)
Designation assures that you can attend conferences, interviews and other networking events
while being able to contribute to conversations and understand discussions about current events
or trends within the industry. Our program will help you to understand the terms and
implement the tactics and tools of leading business marketers, sales professionals, and business
development professionals.
• Advance your business or career by raising your level of business development knowledge and
increasing your ability to work quickly and effectively.
• Exclusive Access to tools and multimedia training resources found online within the Certified
Business Development Expert (CBDE) Program.
LEARNING OBJECTIVES OF THE CBDE PROGRAM:
• How to improve your business development tactics using influence and persuasion tactics
• How to leverage your team's knowledge and content to attract more clients to your business
each week
• How to become an authority figure within your niche and widen the funnel of your client
pipeline development efforts
• Why following our 3-step formula will help you develop more business relationships than
your competitors
THE CBDE EXAM WILL TEST PARTICIPANTS IN 5 MAIN AREAS:
1. Business Development Planning & Execution
2. Marketing & Sales Best Practices
3. Client Pipeline Management & Development
4. Authority Construction & Positioning
5. Influence & Persuasion Strategies
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IV. The Experts Interviewed for this Business Development Expert certification include:
Brian Tracy: Brian is a top 20 most well-known global business speaker and
trainer for sales managers and sales career professionals. Brian has spoken in over
80 countries to over 5,000,000 people live and he offers some of the best-selling
books in the world on time management, productivity, and business growth. Brian
has been a mentor to Richard Wilson, our CEO and Richard has both interviewed him and been on his
TV show as well - The Brian Tracy Show (pictured included here from TV interview). We were
honored to have the chance to interview him for our BusinessTraining.com platform.
Liza Anderson: Our team interviewed Liza Anderson to provide insights into how
public relations and business development go hand-in-hand in growing a business. Liz
is known for her celebrity branding and business development expertise and shares that
knowledge on this expert audio interview for program participants.
Mark Schneider: Mark is the head of RSW an outsourced marketing group that helps
ad agencies and public relations firms better position themselves and identify leads in
the marketplace. Within this Expert Audio Interview Mark shares his expertise in
business development taking lessons from work he has recently completed for clients.
Akash Karia: Akash is the #1 most prolific writer and thought leader on the topic of
public speaking globally and he is himself ranked a top 10 speaker in all of the Asia-
Pacific region. We were honored to interview Akash on humor, advanced rhetorical
device usage, developing a signature story, pattern interrupts, being prolific, modeling,
how successful speakers think, and how to create a memorable phrase that pays. If you
ever wondered what it would be like to sit down for coffee with a global expert on public
speaking, please listen to this audio interview.
Nicholas Ken: Our team completed this Expert Audio Interview with Nicholas because he is a
freelance sales project consultant and blogger. Nicholas runs a blog called Mind on Media Sales and
he is an expert in sales and has been working in this space for his whole career.
Patsi Krakoff: Patsi was interviewed for this program because she is a content
marketing specialist and the author of the book "Content Marketing with Blogs."
Within this recorded Expert Audio Interview, she shares lessons on how to create
consistent high quality content to build a business.
Greta Shulz: Greta is head of Shulz Training a leading sales training company. Greta has
been working in business development and sales for most of her career and she is a
nationally recognized figure in the industry.
We are honored to have completed this valuable interview with Greta, make sure not to
miss this recording.
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Mitchell Harris: Mitchell is the Founder and Director of Business Development of
MJ Harris and Company.
Mitchell has a background in the investment management industry and through that he
discovered the core importance of business development and business growth.
Certified Business Development Expert (CBDE) Video Modules
1. Business Development 101
2. Competitive Intelligence
3. Brand Loyalty
4. Marketing 101
5. Being Newsworthy
6. Sales Tactics & Strategies
7. Search Engine Optimization (SEO) and LongTail Keywords
8. Social Media Efforts
9. Educational Marketing Strategies
10. The 4 P's of Sales & Business Development
11. Leveraging the Power of Commitment in Business Development
12. Leveraging the Power of Reciprocation in Business Development
13. Leveraging the Power of the Liking Principle in Business Development
14. Simulating the Mastermind to Improve Business Development
15. Leveraging the Power of Scarcity in Business Development
16. Creating a Buyer Persona
17. Creating a Strategic Business Development Plan
18. Top 5 Mistakes in Business Development
19. What is Internet Marketing?
20. Leveraging the Power of Social Proof in Business Development
21. The Importance of Testing in Business Development & Marketing
22. Google Tools for Business Development
23. Google Alerts Tool & How to Use it for Business Development
24. Using Copywriting in Sales
25. Getting Executive Buy-In for Social Media
26. Public Relations, Business Development, Marketing & Customer Service
27. Sharing Your Content Online
28. Tips for Creating a Successful Business Development Plan
29. Persuasive Writing (Copywriting) for Business Growth
30. Work More Efficiently: Time Saving Business Tools
31. How to Double Your Chances of Business Success?
32. How to Become a Doctor Within Your Business Field?
33. Knowledge Asset Management: A Competitive Advantage for Your Business
34. Single Focus: The Key to Maximum Productivity
35. Fertilize Your Brain
36. Learning Before Outsourcing
37. 5 Techniques to Efficiently Capture Your Business Ideas
38. Video Book Summary: Jeffrey Gitomer's Sales Bible
39. Paying the Price for Success
40. The Power of Positive Business Habits
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41. The Importance of Business Ethics to Your Success
42. The Power of Inevitability Thinking in Business
V. CBDE EXAM PREPARATION
1. EXAM COMPOSITION: THE CERTIFICATION EXAM IS PROVIDED ONLINE
The exam has a total of 100 available points, 80 of which can be earned from the multiple
choice or true/false questions that are worth 1 point each. Please see the chart below for the
composition and distribution of the points:
Topics and Weights
Business Development Planning &
Execution
20 MC questions (20 pts)
Marketing & Sales Best Practices
25 MC questions (25 pts)
Client Pipeline Management &
Development
10 MC questions (10 pts)
Authority Construction & Positioning
15 MC questions (15 pts)
Influence & Persuasion Strategies
10 MC questions (10 pts)
You will have 2 hours to complete the exam. Those who have not made the effort to read the
materials will have a hard time completing the exam within the allotted time, but for
participants who have read the required readings 2 hours will be sufficient.
TERMS & CONCEPTS TO KNOW:
Below, please find terms and concepts you should be able to define after having read the
required readings.
Please define the terms from the required readings rather than a dictionary. You will be tested on
the definitions that authors have written.
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Investment Sales Cycle
The 5 Great Rules of Sales
The 5 Pillars of Selling
The 6 I’s of Relationship Cultivation
Early adopters
Late adopters
Qualifying a client
The 6 I’s Pipeline
Three Ways to Ramp Up Your Sales Development Program
Investment Tool #1: Sales Systems
Investment Tool #2: Strategic Tools
Investment Tool #3: Four Strategic Rules to Create Excessive Profits
Investment Tool #4: The 4-Square Planning Model
Investment Tool #5: Top Five Sales Objections
Investment Tool #6: Request for Proposal
Investment Tool #7: ABC’s of Sales Campaigns
Culture Shock
S.M.A.R.T.
The 3 Main Phases to a Sales Call
The 5 Types of Questions You Can Ask a Customer
The 4 People Types
The Top 5 Reasons Are Reluctant to Purchase
Worldview
Frames
5 Steps of Marketing
Customer Wants
Customer Needs
The 2 things that differentiate success and failure in organizations today
Taste
Attention
Bias
Vernacular
Community
Reasons firms expand globally
Economics of Scale
Economies of Scope & Learning
Centrist Approach to Managing International Sales Organization
Non centrist Approach to Managing International Sales Organization
Problems international management faces (see Chapter 7 in the Rainmaker Handbook)
Five-point course of action for those who need a better way to evaluate different markets
and products on a global level (see Chapter 7 in the Rainmaker Handbook)
Top ten barriers to trade
The 7 Rules of International Distribution
Common ways to hedge the risks from exposure (when working internationally)
4 Step Process for Analyzing Country Risk Abroad
The 4 Main Reasons Exporters Use Credit Insurance
The 8 strategies for reducing foreign exchange exposure
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The KISS Principle
The Accounting Principle
The Control Principle
The Kaizen Principle
Manager Ethics Levels
– Moral
– Immoral
– Amoral
The 3 Main Drivers of Immoral Activity
The 8 Networking Tricks of the Rainmaker
The 3 Possible Results of Negotiation
The 5 Steps of a Negotiation
Factors that can change the process of a negotiation
5 Disciplines of Strategic Intelligence and Tactical Ingenuity
3 Tools for 3-D Negotiations
Six Negotiation Pitfalls
Aristotle’s 3 Means of Influence
3 Verbal Tactics to Increase a Positive Outcome in a Negotiation
Arbitration
Mediation
Rent-A-Judge
Summary Jury Trial
Mini-Trial
The 3 Main Influencers for Cross-Cultural Negotiations
The 4 Ways to Analyze a Culture When Doing Business Globally
3 Steps to Creating an “Early Warning System”
Cloning Your Competition
USP (Unique Selling Proposition)
Eight Successful Differentiation Strategies
The Five Rules for the Road When Choosing Your Differentiating Idea
Lateral Marketing
Vertical Marketing
Segmentation
The Lateral Marketing Process (3 Steps)
Substitution
Combination
Inversion
Elimination
Exaggeration
Reordering
1:1 Marketing
Mass Marketing
Ways to Turn Prospects into Shoppers
Advocates
Pure Loyalty
Pull Loyalty
Cannibalizing
“Coopetition”
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Niche vs. Cubbyhole
Killer App
OCI (Opinion-Creating Initiative)
“Immigrants” of Cyberspace
Buzz/ Word-of-Mouth
Network Hubs
The “Rules” of Networks
Contagious Products
Seed Unit
The New P’s of Marketing
TV-Industrial Complex
Remarkable Marketing
Sneezers
“Thinking Pink”
Transparent Marketing/Campaigns
Hybrid Campaigns
Visible Campaigns
Value Discipline
Operational Excellence
Product Leadership
Customer Intimacy
Operating Model
Transaction Environment
Vertical vs. Virtual Integration
Core Competencies vs. Core Essence
Innovation vs. Renovation
Emotional Benefits
Functional Benefits
Attributes
T.A.C.O.S.
Demand-Based Segmentation
Hard Opposition
Soft Opposition
Undecided
Soft Support
Hard Support
2. SAMPLE QUESTIONS
Please choose the answer that best answers the question or completes the phrase. The answers are
on the last page of this study guide. Try answering the questions before looking at the answers.
1. Growth negatively affects differentiation in two ways:
a. The company becomes too focused and overextends its product lines.
b. The company becomes distracted and does not extend its product lines enough.
c. The company becomes distracted and overextends its product lines.
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d. The company becomes too focused and does not extend its product lines enough.
2. True or False: Advertising can create a market position, but cannot reinforce one.
3. True or False: Segmentation provides a double effect: it fragments the market and at the
same time makes it bigger.
4. Which of the following is one of the ways Raphael and Raphael suggested to turn a
prospect into a buyer?
a. Assume direct mail will work.
b. Create a small reason for them to shop with you.
c. Get involved.
d. Emphasize marketing and promotion.
5. Why is it important to create products that may compete with your already existing
products?
a. Times have changed; the digital era means companies must have competing
products.
b. It’s not important; this is like brand suicide.
c. Companies need to experiment to see which products will survive against one
another.
d. Marketing is more interesting when you have a battle to watch.
6. When considering taking a product global, which of the following is not a step used to
analyze the risks in countries abroad?
a. Identify contributing political and financial variables
b. Assign each variable into groups based on their relation
c. Assess the importance or influence of each variable
d. Decide whether or not the overall risk reflects a tolerable level
7. Marketing is about , and is the single
most important output of our civilization.
a. spreading ideas, spreading
ideas
b. telling stories, telling stories
c. telling lies, telling lies
d. sharing secrets, sharing secrets
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V. SAMPLE QUESTION ANSWERS:
Please see the following answers to the sample questions provided. A brief explanation was given for
each answer and why the other options were incorrect. If you didn’t do as well as you thought you
would have, please consider re-reading the books or supplementary readings as the sample questions
were drawn directly from them.
1. Growth negatively affects differentiation in two ways:
c. The company becomes distracted and overextends its product lines. (Marketing Gurus, pg. 14)
2. True or False: Advertising can create a market position, but cannot reinforce one.
False. “Advertising can reinforce a market position, but cannot create one.” (Marketing Gurus, pg.
53)
3. True or False: Segmentation provides a double effect: it fragments the market and at the same
time makes it bigger.
True. (Marketing Gurus, pg. 21)
4. Which of the following is one of the ways Raphael and Raphael suggested to turn a prospect into a
buyer?
c. Get involved. (See Marketing Gurus for the Raphael and Raphael chapter
5. Why is it important to create products that may compete with your already existing products?
a. Times have changed; the digital era means companies must have competing products.
(Marketing Gurus, pg. 190. Also reiterated on pg. 161.)
6. When considering taking a product global, which of the following is not a step used to analyze the
risks in countries abroad?
c. Assign each variable into groups based on their relation
(Rainmaker Handbook pg. 91)
7. Marketing is about , and is the single most
important output of our civilization.
a. spreading ideas, spreading ideas (All Marketers Are Liars pg. 17)
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VI. FAQ:
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